earnings
confidence high
sentiment positive
materiality 0.75
ISG reports record Q2 net income $5M, adjusted EBITDA $11M; declares $0.04 dividend
Information Services Group Inc.
2022-Q2 EPS reported
$0.19
revenue$143,264,000
- Q2 GAAP revenue $70.7M (flat YoY, +5% constant currency); net income $5.0M (record); GAAP EPS $0.10; adjusted EPS $0.13.
- Adjusted EBITDA record $11M (15% margin, highest ever); operating income $7.1M, up 22% YoY.
- Asia Pacific revenue up 28% constant currency; Europe +11%; Americas -2% (impact of large Automation engagement).
- Recurring revenues $26M (37% of total) all-time record; first-half revenue $143M (+9% constant currency).
- Q3 dividend $0.04/share payable Sept 19; Q2 returned $9M via buybacks/dividends; Q3 guidance rev $71-73M, adj EBITDA $10-11M.